#Mint20BestFunds | We have hand-picked 20 #mutualfunds for your portfolio that have jumped through hoops of good returns, low risk, good portfolio hygiene and our own qualitative research.

#PersonalFinance

#PersonalFinance | #InvITs is calculated by dividing the distributed income per annum by the current market price. An investor can continue to earn the yield at the time of investment if the cash flows for the company & distributions are sustained in the future years - ✍writes Akshat Rohatgi

Read more: https://www.livemint.com/money/personal-finance/how-invits-can-add-yield-to-your-investment-portfolio-11698251892284.html#:~:text=The%20yields%20from%20InvITs&text=It%20is%20calculated%20by%20dividing,sustained%20in%20the%20future%20years

#RelianceJio has announced a partnership with California-based #Plume to deliver smart home and small business services to its nearly 200 million subscribers across India, leveraging Plume's cloud platform.

Read more: https://www.livemint.com/companies/news/reliance-jio-partners-with-plume-to-deliver-ai-enhanced-in-home-services-11698294344460.html

#India has ranked third among the countries with the most #fintech unicorns in the world in 2023, with the US and UK retaining the top two positions globally.

While US is home to 134 unicorns and produces the most value in terms of fintech, UK took second place with 27 fintech unicorns and India secured the third position with 17 fintech unicorns in 2023 so far.

Read here: https://www.read.ht/QoCY

The Income Tax Return (ITR) filed by individual income taxpayers increased by 90% in last nine years to 6.37 crore in AY 2021-22. The number of #ITRFilings consistently increased among individual taxpayers.

Read here: https://www.read.ht/QoF9

#MintCharts | With winter arriving, #airquality is starting to get worse. It is not a new problem for #Delhi. Now, #Mumbai is also witnessing high pollution, with the city recording the worst October air since 2019.

#PersonalFinance | #NRIs tend to earn better than their peers in India. Considering #GST refund & a few discounts, they can buy a decent life and health cover at affordable rates. The benefits thereabout could be much higher than the premium paid - ✍ Aprajita Sharma

Read more: https://www.livemint.com/money/personal-finance/why-nris-should-secure-their-lives-with-indian-insurance-11698343290563.html

#PersonalFinance | Whether you are planning overseas travel or want to send money abroad, it is always a good idea to shop around for the best #forex exchange rate.

Here's a list of INR to USD forex rates offered by some of the major banks & travel aggregators.

#RelianceJio has introduced #JioSpaceFiber, India's first ever satellite-based giga fiber service.

This service has been showcased at the India Mobile Congress, offering high-speed broadband connectivity to unreachable areas within India.

Read more: https://www.livemint.com/technology/tech-news/reliance-jio-unveils-jiospacefiber-indias-first-satellite-based-gigabit-broadband-service-for-nationwide-access-11698381881010.html

#MarutiSuzuki India reported a standalone net profit of ₹3,716.5 crore in the quarter ended September 2023.

The company’s net profit jumped by a robust 80.28% as compared to ₹2,061.5 crore in the same quarter last year.

#Q2Results

Read more: https://www.livemint.com/companies/company-results/maruti-suzuki-q2-results-net-profit-jumps-80-on-year-to-rs-37165-11698394712738.html

Delhi-NCR commuters can now travel with a single card which can be used in metros, buses & trains, shopping, and other places.

The #NationalCommonMobilityCard (NCMC) was launched by PM #NarendraModi, for all NaMo Bharat Regional Rapid Transit System stations in Delhi-NCR, at Sahibabad station in UP

Read more: https://www.livemint.com/news/delhincr-commuters-to-use-single-national-common-mobility-card-to-travel-in-metro-buses-trains-and-shop-in-stores-11698393061312.html

#Google has pledged to invest $2 billion in OpenAI rival #AI startup #Anthropic. According to reports, the latest investment is separate from Google's $550 million investment in Anthropic earlier this year.

Read more: https://www.livemint.com/ai/artificial-intelligence/after-amazon-google-doubles-down-on-ai-set-to-invest-2-billion-in-openai-rival-startup-antropic-11698460928342.html

Friends actor #MatthewPerry has reportedly died at his home in Los Angeles. The LA Times, citing law enforcement sources, said Perry was found unresponsive in a hot tub at his Los Angeles home and could not be resuscitated.

Read here: https://www.read.ht/QsdE

India's luxury housing units have witnessed a robust demand in the first nine months of the current fiscal year.

According to a report by the Anarock Property Consultant, approximately 84,400 luxury units (priced over ₹1.5 crore) were sold between January and September in seven metropolitan cities in the country in 2023, against 39,300 (Approx) units sold in the same period in 2022.

Read here: https://www.read.ht/QsxN

Budget carrier IndiGo on 28 October issued a statement on web check-in and advised that though it is not a mandatory requirement, it does allow “hassle-free experience" for commuters.

This statement came amid rising complaints from air travellers related to web check-in.

https://www.livemint.com/companies/news/indigo-clarifies-web-check-in-not-mandatory-but-recommended-for-a-smooth-experience-netizens-react-11698558168681.html

#PersonalFinance | If you are a salaried individual with additional income from other sources or likely to come into some inheritance, then the provisions of Hindu undivided family (HUF) can help you make significant tax savings.

Read here: https://www.read.ht/Qtz1

The Securities Appellate Tribunal quashed markets regulator Sebi’s 14 August order that barred #PunitGoenka of Zee Entertainment Enterprises from holding key directorship in listed entities over an alleged fund-diversion case.

Read here: https://www.read.ht/QuDu

Nine of India’s top 10 software services firms, employing more than 2 million engineers, have seen their workforce shrink in the six months to 30 September, the first time in more than 25 years, as clients in the US and Europe cut spending amid rising economic and geopolitical risks.

Read here: https://read.ht/QuJa

In India's booming #startup ecosystem, female founders have also turned their entrepreneurship journeys into successful businesses.

According to a report by WISER's Women's in India's Startup Ecosystem Report, #women-led startups have risen to 18% in India in the past five years.

Read here: https://www.read.ht/QuBN

Indian refiners are likely to import #crudeoil from #Venezuela at a discounted rate after the US eased sanctions on oil from the Latin American country, according to a report by S&P Global Commodity Insights.

Read here: https://www.read.ht/QuOI

#TataMotors wins Singur land case, entitled to recover ₹ 766 crore from West Bengal

Read here: https://www.read.ht/QuPc